About This Home

Charming 2-story in a quiet Cedar Park semi-cul-de-sac. Zoned to top-rated schools, this established neighborhood offers privacy plus easy access to shopping, dining, and daily conveniences. A versatile 2-story layout offers room to grow — perfect for those seeking excellence, community, and everyday ease. Minutes from all amenities.

At $216/sqft, this home is 6% below the Cedar Park active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1223 Peyton Pl, Cedar Park, TX 78613

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Property Details

Price $400,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 1,856 sqft

Lot Size 0.11 acres (4,965.84 sqft)

Year Built 2005

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Forest Oaks

County Williamson

Zip Code 78613

$/sqft $216/sqft

Days on Market ,

HOA $45/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241085848

List Date July 24, 2026

Elementary School Charlotte Cox

Middle School Artie L Henry

High School Vista Ridge

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Cedar Park and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Cedar Park

Comparable Listings Right Now

Homes currently for sale in Cedar Park with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

100 S Mount Rushmore Dr
Park Place Sec 2 $409,900 $298 3 bd / 2 ba 1,377 sqft , 2026-07-30

710 Arrow Point Dr #18
Cottages/Abrantes $420,000 $253 3 bd / 3 ba 1,660 sqft , 2026-06-17

710 Arrow Point Dr None #18
Cottages/Abrantes $420,000 $253 3 bd / 3 ba 1,660 sqft , 2026-07-17

317 Bandstand Ln
Forest Oaks $375,000 $220 3 bd / 2 ba 1,701 sqft , 2026-05-29

2113 Old Sterling Rd
Silverado West Ph B Sec 04 $425,000 $233 3 bd / 2 ba 1,823 sqft , 2026-07-17

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$1,920/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$80,000

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,920

Principal + Interest−$2,183

Property Tax (~2.1% TX avg)−$700

Insurance (~0.5%)−$167

Est. Monthly Cash Flow $-1,130

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Cedar Park, TX

Cedar Park sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 20 min SE

Dell Technologies HQ 15 min E

Samsung Austin Semiconductor 25 min SE

Tesla Gigafactory 40 min SE

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 1, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

1223 Peyton Pl

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Cedar Park, TX

More Luxury Homes in Cedar Park

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